News about Gamuda

  MMC Corp Bhd (Oct 29, RM1.

  KUALA LUMPUR (Oct 30): The government’s decision last Friday to rescind Gamuda Bhd and MMC Corp Bhd’s contract termination  concerning the mass rapid transit Sungai Buloh-Serdang-Putrajaya line (MRT2) project did not offer a long-enough respite for both stocks.

KUALA LUMPUR (Oct 29): While the revised cost structure of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project could result in only a marginal total earnings contribution, analysts believe Gamuda Bhd's sacrifice in its profit margin is still preferable to a contract termination.

KUALA LUMPUR (Oct 29): The good news that MMC-Gamuda KVMRT (T) Sdn Bhd received last Friday that the consortium will remain the contractor for the underground portion of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project comes with a catch.

KUALA LUMPUR (Oct 29): Gamuda Bhd shares rose 1.

KUALA LUMPUR (Oct 26): Shares of Gamuda Bhd and MMC Corp Bhd rose to their highest level in two weeks, after it was announced that their joint-venture firm will remain as the contractor for the underground portion of the Sungai Buloh-Serdang-Putrajaya MRT line (MRT2) project.

KUALA LUMPUR (Oct 26): The Ministry of Finance has announced that MMC-Gamuda KVMRT (T) Sdn Bhd will remain the contractor for the underground works portion of the MRT Sungai Buloh-Serdang-Putrajaya line (MRT2) -- now at an even lower cost of RM13.

Gamuda Bhd (Oct 24, RM2.

Gamuda Bhd (Oct 12, RM2.

Stocks in Bursa Malaysia have suffered one of the worst weeks in years, and in Tong's Value Investing Portfolios column in The Edge, it is theorized that Bursa was likely affected by news of the planned retender of the contract for the Mass Rapid TRansit (MRT2) underground tunnel.